South Korean pension funds turned to net buying of the KOSPI for the first time this year, with a heavy position in SK Hynix
Svmuu News: According to data from the Korea Exchange, pension funds—including the National Pension Service (NPS), one of the largest institutional investors in the South Korean stock market—turned to net buying on the South Korean stock market for the first time this month. According to data from the Korea Exchange, as of July 24, the National Pension Service and other pension funds had cumulatively made net purchases of 68.4 billion won (approximately $46.8 million) in KOSPI-listed stocks since the beginning of July. This marks the first time this year that pension funds have recorded a net monthly purchase, following six consecutive months of net sales. Looking at specific stocks, SK Hynix was the most heavily purchased stock by pension funds since the start of July, with net purchases totaling 425.8 billion won. (Jin Shi)
来源:Odaily · Source Link
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